Maersk Line in the red
The Maersk Group published its second quarter interim report on Friday, and the problems caused by the low oil price and depressed freight rates were clearly evident.
Competitor Hapag-Lloyd on Wednesday also published a deficit:
Ahead of the two key interim reports, China Cosco Shipping Corporation announced plans to order upwards of 50 new container vessels:
Stage set for sulfur IMO sulfur dispute
New report upends the efforts to implement global sulfur regulations:
News from South Korea's shipping crisis
The South Korean government's efforts to get its struggling shipping sector back on track continued this week:
In fraud case against Danish bunker company, key witnesses spoke on Thursday and the prosecution delivered its closing procedure on Friday:
APM Terminals' upcoming terminal in Nigeria:
A consolidation wave seems underway among the struggling Norwegian offshore carriers:
Expectations for bulker J. Lauritzen's interim report next week:
More from ShippingWatch
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